Off the wire
• Chinese state councilor meets Philippine foreign secretary  • Urgent: U.S. Fed raises interest rates for first time in 2018  • London's recycling rates "rubbish", says assembly report  • FLASH: U.S. FED RAISES INTEREST RATES FOR FIRST TIME IN 2018  • Somali forces arrest 2 Al-Shabaab senior operatives  • World's largest olive oil exhibition kicks off in Madrid  • De Gendt wins stage 3 of Tour of Catalonia to claim overall lead  • UN envoy stresses importance of elections in Libya  • Northern Albania under water  • 1st LD: U.S. revised countervailing duties on Chinese imports inconsistent with WTO rules: Panel report  
You are here: 　

Shanghai increases minimum wage

Xinhua,March 22, 2018 Adjust font size:

SHANGHAI, March 22 (Xinhua) -- Shanghai will increase its statutory minimum wage by 5 percent to 2,420 yuan (382 U.S. dollars) per month from April 1, making it the highest in the country, local authorities announced Wednesday.

The hourly minimum wage increased from 20 yuan to 21 yuan, according to the municipal human resources and social security department.

The increase rate is less than Shanghai's 2017 GDP growth of 6.9 percent.

The minimum wage excludes social security fees, housing allowances and overtime pay.

Many other regions in China, including Jiangxi, Liaoning, Guangxi and Tibet, have all raised minimum wages this year. Enditem

 

Related News & Photos